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Economy2 years ago
US Treasury chief: Trump ‘decimated’ financial oversight
Janet Yellen says the Trump administration ‘decimated’ the US Treasury’s and she’s focused on repairing the ‘cracks’.
US Treasury chief: Trump ‘decimated’ financial oversight
Economy2 years ago
Scores of US banks at risk of repeating SVB collapse: Study
Approximately 200 US banks face similar risks to those that led to the implosion and bankruptcy of Silicon Valley Bank (SVB), according to a recent study.
Scores of US banks at risk of repeating SVB collapse: Study
Economy2 years ago
Collapse of US banks rattle global financial institutions
The collapse of American banks has triggered drastic movement in bank shares as investors fear contagion in financial institutions despite assurances from Biden.
Collapse of US banks rattle global financial institutions
Economy2 years ago
Loan-to-deposit ratio in Iran rose 0.1% to 81.1% in August: CBI
The ratio of deposits that Iranian commercial banks lent out rose slightly to 81.1% in August, CBI says.
Loan-to-deposit ratio in Iran rose 0.1% to 81.1% in August: CBI
Economy2 years ago
Iran says money creation by banks weakened in April-July
Iran’s central bank says it polices led to a reduction in money creation by banks from April to July.
Iran says money creation by banks weakened  in April-July
Foreign Policy2 years ago
US bans all new investment in Russia, sanctions Putin’s children
Amid heightened tensions between the West and Russia over the latter’s military operation in Ukraine, the US on Wednesday rolled out fresh sanctions on Russian officials and entities.
US bans all new investment in Russia, sanctions Putin’s children
Economy3 years ago
Iranian banks’ loans to firms up 59% in March-Nov.: CBI
Iranian banks paid nearly $57.8 billion in loans to firms between March and November.
Iranian banks’ loans to firms up 59% in March-Nov.: CBI
Economy3 years ago
Iran lowers starting capital requirement for offshore banks
Iran reduces by 30 times the starting capital needed to set up an offshore bank in the country’s FTZs.
Iran lowers starting capital requirement for offshore banks
Business3 years ago
In energy-reliant Canada, banks and investors face dilemma in meeting emissions target
Canadian banks' commitments to "net-zero financed emissions" by 2050 have drawn doubts from many investors, given the lack of a defined goal, details and their continued support for oil and gas companies.
In energy-reliant Canada, banks and investors face dilemma in meeting emissions target
Economy3 years ago
Iranian banks stop bouncing checks amid COVID closures
Iran orders banks to stop bouncing checks amid COVID-19 restrictions imposed on businesses.
Iranian banks stop bouncing checks amid COVID closures
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